Global Innovators Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09702380 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2018 TO 30 JULY 2019

FOR

GLOBAL INNOVATORS LTD

Page

Company Information

1

Statement of Financial Position

2

DIRECTORS:

Mr P J Dixon

Mr R Dua

SECRETARY:

Mrs I S Dixon

REGISTERED OFFICE:

6 Newbury Street

Wantage

Oxfordshire

REGISTERED NUMBER:

09702380 (England and Wales)

FIXED ASSETS

-

900

CURRENT ASSETS

253,440

288,480

NET CURRENT ASSETS

253,440

288,480

TOTAL ASSETS LESS CURRENT LIABILITIES

253,440

289,380

CREDITORS

Amounts falling due after more than one year

205,072

203,036

NET ASSETS

48,368

86,344

CAPITAL AND RESERVES

48,368

86,344

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was NIL (2018 - NIL).

2.	CURRENT ASSETS

The investments and debtors form the majority of the current assets above. They represent amounts invested into

a group of companies relating to a technology in Fintech in Asia. During this accounting period the company has

been restructured and operations for using this technology are now being performed by one company - Transact

Lanka (PVT) LTD. The directors keep in contact with the Board of Transact Lanka (PVT) Ltd and have been

assured by them, that there is a valid business plan to win more clients for this technology which will result in

future success.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 July 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 July 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2020 and were signed on its behalf by:

Mr P J Dixon - Director